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Manufacturing cost data for Orlando Company, which uses a job order cost system

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Question;Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below.Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same.Case ACase BCase CDirect materials used $ (a) $92,700 $68,000 Direct labor 57,400 148,000 (h)Manufacturing overhead applied 47,068 (d) (i)Total manufacturing costs 154,600 (e) 214,700 Work in process 1/1/14 (b) 16,000 18,600 Total cost of work in process 208,600 (f) (j)Work in process 12/31/14 (c) 14,700 (k)Cost of goods manufactured 198,400 (g) 224,200

 

Paper#44424 | Written in 18-Jul-2015

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